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Nov 13, 2012
11/12
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there are -- boehner says down payment now. buy the boehner down payment zbh i don't like the down payment. i would be sorely disappointed if we missed this opportunity. i think somebody was telling me today the budget act of 1990 took 12 days to put in place. we know what all the issues are. i hope we won't be lacking courage just to go ahead and deal with big pieces of this. so -- i am in a different place than you on this. i think we ought to deal a -- in a big way with the fiscal reform. >> you want to grant design. that's very -- interesting point of view. >> doesn't have to be grand. we play to take two bites at it, debt ceiling coming up which i think, by the way, debt ceiling is the more important day personally than the fiscal cliff issue because we are not fiscal cliff is not going to happen. okay. simply is not going to happen. so -- to me, the focus ought to be on solvency and if we can deal with that and take a big step out of that, big step towards solving that, during this december, i agree with you. i think the
there are -- boehner says down payment now. buy the boehner down payment zbh i don't like the down payment. i would be sorely disappointed if we missed this opportunity. i think somebody was telling me today the budget act of 1990 took 12 days to put in place. we know what all the issues are. i hope we won't be lacking courage just to go ahead and deal with big pieces of this. so -- i am in a different place than you on this. i think we ought to deal a -- in a big way with the fiscal reform....
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Nov 13, 2012
11/12
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to be speaker boehner, a lot of republicans running with tail between their tails here. on deep end like tax, immigrations and reform. they may be caving on issues that tea partiers held near and dear. dick armey, a big tea party player, freedom works, how do you feel about that for one of a better term, dressing down on part of speaker boehner on republican troops, tea partiers included. many, made him the speaker. >> well, let me say i love john boehner like a brother, i don't envy him the position he is in. but i am also reminded of what ronald reagan taught us years ago, good policy makes good politics, john boehner needs to emphasis economic growth, is the way to get increased revenue. and there is two ways to -- two imperatives, dress down reduce, and discipline our government run among so there is confidence to grow in private sector then a tax system that accommodates that growth. if you will dress a tax system of this country, from the point of view of what is fair, have you taken the most simple minded way to address taxes. taxes are about raising the necessary
to be speaker boehner, a lot of republicans running with tail between their tails here. on deep end like tax, immigrations and reform. they may be caving on issues that tea partiers held near and dear. dick armey, a big tea party player, freedom works, how do you feel about that for one of a better term, dressing down on part of speaker boehner on republican troops, tea partiers included. many, made him the speaker. >> well, let me say i love john boehner like a brother, i don't envy him...
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Nov 19, 2012
11/12
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two, house leader boehner has to get re-elected by his party in january. he's not going to put a big deal in front of that. flip side is, no deal. i don't think the president will let that happen because he doesn't want to start his second term as president the way he started the first which was in a recession. but finally, what people fail to forget -- congress needs to go home for holidays. if they go home with no deal they will be criticized by their constituents. >> there are very few working days left when congress comes back from this thanksgiving break. >> remember what happened. t.a.r.p.? they didn't approve it. went home for the holidays, got criticized, came back and approved it. >> you see some stort of stopgap that averts the immediate tax hikes an spending cuts as of january 1, and that there is then some commitment to do a broader tax reform in 2013. >> correct. >> and that might be tied to raising of the debt ceiling. might'nt it. >> i think that's the next big date, mid-february when the treasury runs out of money, the debt ceiling is hit.
two, house leader boehner has to get re-elected by his party in january. he's not going to put a big deal in front of that. flip side is, no deal. i don't think the president will let that happen because he doesn't want to start his second term as president the way he started the first which was in a recession. but finally, what people fail to forget -- congress needs to go home for holidays. if they go home with no deal they will be criticized by their constituents. >> there are very few...
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Nov 12, 2012
11/12
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how much does boehner speak for his conference, by the way? how much leeway does he have to cut a deal that might anger some conservatives? this weekend there were signs of softening among conservatives on the issue of taxes. here is "the weekly standard questions bill kristol sunday. >> it won't kill the country if we raise tax as little bit on millionaires. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000, make it a million. the republican party is going to defend a bunch of millionaires, half who voted democratic and hatch live in hollywood. >> although tom price who is running to lead the house republican conference said sunday he is open to closing some tax loopholes, he did buck boehner on the issue of health care. >> question, do most house republicans, do you agree with speaker boehner that repeal of obama care with this election, with his re-election, is debt? >> we're not opposed to the president's health care law because of the election. we're opposed because it's bad policy and
how much does boehner speak for his conference, by the way? how much leeway does he have to cut a deal that might anger some conservatives? this weekend there were signs of softening among conservatives on the issue of taxes. here is "the weekly standard questions bill kristol sunday. >> it won't kill the country if we raise tax as little bit on millionaires. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000, make it a million....
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Nov 12, 2012
11/12
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i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration. >> let me turn to senator schumer on this point. >> so you have to approach both sides of it. >> let me turn to senator schumer. i'm going to ask you the same question. if the mandate is compromised, what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. and i think if the house stands for anything it's cut government spending, as tom coburn said, and i think we're going to have to do more of it. we hear
i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration....
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Nov 15, 2012
11/12
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FBC
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>> well, speaker boehner will be meeting with the president on friday. and we'll hear some of the basic outlines what is being put on the table at that point in time. we on the ways and means committee will be very actively engaged in working with our chairman, dave camp, to provide good information to the chairman and to speaker boehner about what we want to do with tax reform. bottom line is this. we have to stop this massive tax hike that will hit american families and businesses at the end of the year. melissa: yeah. >> then pivot to fundamental tax reform. and they're going to be things on the table but increasing tax rates is not one of them. i will not vote to encrease tax rates. melissa: you know, congressman, this segment was supposed to be about the carbon tax, like everything else we can't talk about anything beyond this fiscal cliff. i mean it is getting in the way of everything iluding this segment. we had somebody on from the teachers union or teachers education, national education association i should say at beginning of the show who was c
>> well, speaker boehner will be meeting with the president on friday. and we'll hear some of the basic outlines what is being put on the table at that point in time. we on the ways and means committee will be very actively engaged in working with our chairman, dave camp, to provide good information to the chairman and to speaker boehner about what we want to do with tax reform. bottom line is this. we have to stop this massive tax hike that will hit american families and businesses at...
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Nov 13, 2012
11/12
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>> i almost fell out of my chair when boehner said revenues. the idea of increasing revenues. that's a central argument that we have been having over the last four years, and the very expensive i told you so i guess. if we're going to get to this problem, we have to deal with revenues, we can't just do it all on the spending side. >> jonathan capehart, there is bill kristol teaching republicans how to talk about this. but it does involve a word for word refutation of what they said in the past, that higher rates will kill the economy. there is bill kristol pointing out how we've done perfectly fine under higher rates in the past. >> what he's trying to get through to republicans, particularly the new class that came in in 2010, okay, you campaigned on all of these promises, but now it's time to govern and things have come to a standstill in washington over the last two years, and now with the fiscal cliff or fiscal curve coming, and the president being re-elected with more than 50% of the vote, it's time to make a deal. and everyone knows that in order -- that the real deal th
>> i almost fell out of my chair when boehner said revenues. the idea of increasing revenues. that's a central argument that we have been having over the last four years, and the very expensive i told you so i guess. if we're going to get to this problem, we have to deal with revenues, we can't just do it all on the spending side. >> jonathan capehart, there is bill kristol teaching republicans how to talk about this. but it does involve a word for word refutation of what they said...
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Nov 14, 2012
11/12
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boehner and mcconnell still in charge. although they did better and you could argue there's no reason. are you surprised there's not a push to change leaders inside your party even if it's just the face of the party a little bit? >> it's difficult. within the house there is -- i think there will be a battle for the conference chair. >> but it's a -- >> i'm surprised, yeah, but at the same time, we need strong leadership and a strong speaker and i think boehner can do a good job -- >> looks like he's going to get more political leeway. he doesn't have eric cantor. it seems like there's for trust between the two but, jackie, if the american people had known they not only were re-electing status quo but the same people are in the room that gave us the gridlock, i wonder how that ballot would have turned out. >> i wonder if he said it's going to be the same people in the room, and, you know, a lot of this is going to be theater. we were talking about that for the first couple of days, hopefully not weeks but there will be a lo
boehner and mcconnell still in charge. although they did better and you could argue there's no reason. are you surprised there's not a push to change leaders inside your party even if it's just the face of the party a little bit? >> it's difficult. within the house there is -- i think there will be a battle for the conference chair. >> but it's a -- >> i'm surprised, yeah, but at the same time, we need strong leadership and a strong speaker and i think boehner can do a good...
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Nov 12, 2012
11/12
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can boehner think, look, got as much mandate as the president? >> i think he should absolutely think that, paul. the president made clear, didn't really run on the second term agenda and didn't talk about it much. i'll tell you what the mandate is right now, the mandate is that fiscal cliff, the bipartisan mandate. >> paul: to go off it is the mandate or not to go off. >> i think the stock market went off in the last week, people are saying pretty clearly you've got to do something about this now. i think they have a lot of leverage here, because if something isn't done, the economy is going to decline, maybe go into recession and i think employment can get as high as 10%. >> paul: if we had another recession it would have. >> if you're the president of the united states in a second term, you do not want a legacy, unemployment-- >> the lesson, don't give in at all, you won and if you go off a cliff, you blame them and they'll get the blame. >> he has no other term. i think obama's going to start thinking about his legacy and i predict he may thro
can boehner think, look, got as much mandate as the president? >> i think he should absolutely think that, paul. the president made clear, didn't really run on the second term agenda and didn't talk about it much. i'll tell you what the mandate is right now, the mandate is that fiscal cliff, the bipartisan mandate. >> paul: to go off it is the mandate or not to go off. >> i think the stock market went off in the last week, people are saying pretty clearly you've got to do...
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Nov 13, 2012
11/12
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boehner's tone was good. but as i said, when you look inside and say, well, we can rely on dynamic scoring or lowering rates significantly and closing loopholes, when you begin to dissect that, it has some problems. but i am hopeful that with the business community's help and with the president's leadership, we can bring republicans around. because i think in his heart speaker boehner wants to get something done. >> alan? >> you talked about -- [inaudible] do you have a strategy on -- [inaudible] are you trying to do that -- [inaudible] >> let me say on the general thrust of your question, i think most of our colleagues on both sides of the aisle would say the senate needs to be fixed, that there are some real things wrong with it in the way it functions. there are going to be a lot of discussions over the next few weeks about that, but i'm not going to comment on any specifics until we have those discussions with our colleagues. and it needs to be done not just for one particular issue, but in general to get
boehner's tone was good. but as i said, when you look inside and say, well, we can rely on dynamic scoring or lowering rates significantly and closing loopholes, when you begin to dissect that, it has some problems. but i am hopeful that with the business community's help and with the president's leadership, we can bring republicans around. because i think in his heart speaker boehner wants to get something done. >> alan? >> you talked about -- [inaudible] do you have a strategy on...
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Nov 14, 2012
11/12
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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Nov 15, 2012
11/12
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can boehner get there if that's the case? >> if you look at eliminations of deductions, exemptions, credits, it doesn't get to you where we need to comply with the budget control act so the fact that we are examining an opportunity to perhaps look at either on higher income earners, whether it's $1 million or higher as opposed to marrying ourselves to 250 is a step in the right direction. i think the fact that there is discussion on this front initiated by the speaker and behind closed doors we'll get in detail. for the first time we're close and why throw away the opportunity. >> can i just mention how many jokes joe would have made about being behind closeds doors and consummating and that whole thing and that's why joe needs to be on the show and he's not. i'm doing a poor job that he would have made seven or eight jokes would have been made. let me just ask jared, the 39.6 in my mind seems like it is a bottom line, a starting point an an end point for the president. can you envision a deal being done on the fiscal cliff t
can boehner get there if that's the case? >> if you look at eliminations of deductions, exemptions, credits, it doesn't get to you where we need to comply with the budget control act so the fact that we are examining an opportunity to perhaps look at either on higher income earners, whether it's $1 million or higher as opposed to marrying ourselves to 250 is a step in the right direction. i think the fact that there is discussion on this front initiated by the speaker and behind closed...
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Nov 17, 2012
11/12
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>> i think the challenge for boehner. it will be a test for john boehner's leadership to find the votes within his caucus, to meet the president and others halfway. he has got to come halfway. certainly the president has got to come halfway. that's what this is about. >> eliot: i agree with you. the president has already gone halfway. i think they'll end up meeting his number. winning in politics brings consequences. new orleans mayor marc moriel. thank you for coming on the program. i'm joined by the one and only congressman barney frank. congressman, thank you for joining us. >> great to be here. for >> eliot: for all the good well and happy talk is there a deal being framed up right now? >> i don't know. i hope there is. we've known there was substantively, but there has to be republicans who understand that sticking with this deficit reduction coming out of domestic programs, and you expand military spending, and you don't increase tax on the wealthy clearly the election said that's not the right way to go. i know the
>> i think the challenge for boehner. it will be a test for john boehner's leadership to find the votes within his caucus, to meet the president and others halfway. he has got to come halfway. certainly the president has got to come halfway. that's what this is about. >> eliot: i agree with you. the president has already gone halfway. i think they'll end up meeting his number. winning in politics brings consequences. new orleans mayor marc moriel. thank you for coming on the...
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Nov 14, 2012
11/12
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john boehner still in the house. you are still at the treasury. the president is back in the office. harry reid is in the senate with more seats -- why should i believe this will end any more positively than the summer of 2011? >> i will not try to talk to about optimism, but let's look at what has changed. you have republican leadership acknowledging relief for the first time in this debate in public that they would agree to increase revenues as part of an agreement to help restore fiscal balance. that is a very important change. you could debate what has motivated that change, and of course it is true that that approach has very popular substantial support among the american people. you have a much greater recognition that the economy would benefit from a carefully designed balanced agreement on fiscal reform. putting that off indefinitely is not good for the country. that is important, too. i think, again, if you listen carefully to what people are saying and what many politicians are saying, there is a lot of consensus on the things that would
john boehner still in the house. you are still at the treasury. the president is back in the office. harry reid is in the senate with more seats -- why should i believe this will end any more positively than the summer of 2011? >> i will not try to talk to about optimism, but let's look at what has changed. you have republican leadership acknowledging relief for the first time in this debate in public that they would agree to increase revenues as part of an agreement to help restore...
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Nov 16, 2012
11/12
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the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort of automatic cuts that we see as a sequester, and the tax increases and have a mechanism you can replace them with. listen to the congressional leaders in their photo op in the white house before thanksgiving that they had today. >> we've put revenue on the table, as long as it's accompanied by significant spending cuts. >> we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. >> we fully understand
the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort...
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Nov 18, 2012
11/12
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before hand, speaker boehner had a hard time getting some of his more conservative members to buy in to certain concrete hiatt -- compromises. going forward, we will have to see if the tea party conservatives will seem to have the same support. the president now has the upper hand and when he talks to speaker boehner he will have to take that message back and he gets a little bit more behind him. >> week and a shop with a meeting between the leaders and the white house. what is the dynamic? >> it will be very interesting to see. hopefully we will hear from them exactly what their conversation was with the president. it is unlikely that we're going to see a detailed agreement on specific issues. are we going to hear about tax breaks or how entitlement reform is going to happen in the deal? on not sure. these figures are going to be out there. they're all going to be scrambling to set the tone in the way that they want to set it. of they will have discussions like the democratic leaders also say let these are the areas where we made clear to republican leaders where we are not going to
before hand, speaker boehner had a hard time getting some of his more conservative members to buy in to certain concrete hiatt -- compromises. going forward, we will have to see if the tea party conservatives will seem to have the same support. the president now has the upper hand and when he talks to speaker boehner he will have to take that message back and he gets a little bit more behind him. >> week and a shop with a meeting between the leaders and the white house. what is the...
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Nov 20, 2012
11/12
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creeding to john boehner's authority, let be john boehner negotiate this deal. all speculation he will not get involved in the same level. certainly he will be briefed and make his opinions known but he's not going to try to tell john boehner you cannot get this through the conference. look at it from a broad perspective, from folks i've spoken to, eric cantor is thinking like this -- general belief and consensus is if the gop wants to get in 2014 that boehner will most likely walk away in 2016. if cantor can be a dutiful lieutenant until then he could until 2016 if the house republicans win with redistricting and the margins they have which looks possible, he could achieve his dream of becoming the first jewish speaker of the house. no reason to try to ascertain and go higher up like he did in 2011 which left a negative impression of him in a lot of folks' opinions. it's going to be interesting to see if he, in fact, does stay back and credes to boehner's authorities. from all the conversation that's what he seems to be doing. >> i love the mixed messages here.
creeding to john boehner's authority, let be john boehner negotiate this deal. all speculation he will not get involved in the same level. certainly he will be briefed and make his opinions known but he's not going to try to tell john boehner you cannot get this through the conference. look at it from a broad perspective, from folks i've spoken to, eric cantor is thinking like this -- general belief and consensus is if the gop wants to get in 2014 that boehner will most likely walk away in...
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Nov 18, 2012
11/12
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you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the cliff and get blamed for that? >> well, it's a tough situation for them. there's no question about it because as you know, the default position, if we don't do anything is for the taxes to go up on everybody on january 1st, and that's something i think both sides want to avoid. it's very interesting, the thing that happened this week to start the week, was who was the first person that barack obama met with in the white house since his election, the labor unions, the labor block, that tells a lot who is driving policy at least at the start of the second term? and the labor unions basica
you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the...
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Nov 15, 2012
11/12
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. >> deirdre walton, cnn, since the elections john boehner has been talking about what to negotiate a deal on the fiscal cliff and says he is open to new revenue and willingness to compromise. i was wondering what you think of his position on this, and if you are right to support him this afternoon? >> i do not know if you are here earlier when i spoke about the 10-1 deal. i want to see where they are willing to cut. olive heard is that the democrats are saying they are not willing to cut anything in. the president had a meeting last night with the labor unions, all of these separate liberal groups. and everyone of those groups to the president that he should not deliver anything on a reforms of our entitlement system, but you should insure the delivers a tax increase. i do not think they are open- minded in any way. i think we need to stop negotiating with ourselves. and we need to wait for the democrats to actually give us an offer that is a real serious offer. we need to stop speaking amongst ourselves. he won the presidency, let him lead. >> i believe that revenue is important par
. >> deirdre walton, cnn, since the elections john boehner has been talking about what to negotiate a deal on the fiscal cliff and says he is open to new revenue and willingness to compromise. i was wondering what you think of his position on this, and if you are right to support him this afternoon? >> i do not know if you are here earlier when i spoke about the 10-1 deal. i want to see where they are willing to cut. olive heard is that the democrats are saying they are not willing...
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Nov 17, 2012
11/12
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CURRENT
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look here we go with more boehner love. i have to show this. this happenedda at the end of the meaning. >> wait, wait, excuse me there is one other point that i want to make and that is my understanding is material is speaker boehner's birthday. for those of you who want to wish hip a happy birthday -- we not not embarrass him with a cake because we didn't know how many candies were needed. >> yeah, right. >> we do want to wish him a happy birthday. >> thank you. thank you. >> all right. thank you, everybody. >> that would be all be nice if he well a tough portion stance -- negotiation stance and he does not and it seems frustrating to people who don't agreey with boehner and don't want to wish him a happy birthday. >> a different situation when reagan and tip o'neill were working together and o'neill would stand up on the president and the president would stand up to tip o'neill and now vuboehner standing up to the president and the president not standing up to boehner. larry cudlow have -- they have been talking about capping deductions to br
look here we go with more boehner love. i have to show this. this happenedda at the end of the meaning. >> wait, wait, excuse me there is one other point that i want to make and that is my understanding is material is speaker boehner's birthday. for those of you who want to wish hip a happy birthday -- we not not embarrass him with a cake because we didn't know how many candies were needed. >> yeah, right. >> we do want to wish him a happy birthday. >> thank you. thank...
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Nov 12, 2012
11/12
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boehner and his supposed mandate right now? >> well, i think that he said that the election would be a mandate, it was, and he lost. and i think that the important point about the crystal comment is that there's now a wedge in the republican party that the president needs to exploit. there's a wedge between the realist wing and the kind of fa fantasy, childish wing. the realist wing understands the president has a mandate. democrats won the presidency and the senate. we won a majority -- we won the popular vote if you add up the house races as well. look, i think it's in both parties' interest to avoid the fiscal cliff. neither of them want it for a whole host of reasons, including it will be damaging to the economy. we learned recently that president obama in august of 2011 was kind of ready to do a nixon goes to china moment on entitlements and i think that's still on the table. have real entitlement reform. on taxes it's as bill clinton said. it's simple math. spending is at 24% of gdp. taxes are at about 15% of gdp right no
boehner and his supposed mandate right now? >> well, i think that he said that the election would be a mandate, it was, and he lost. and i think that the important point about the crystal comment is that there's now a wedge in the republican party that the president needs to exploit. there's a wedge between the realist wing and the kind of fa fantasy, childish wing. the realist wing understands the president has a mandate. democrats won the presidency and the senate. we won a majority --...
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Nov 19, 2012
11/12
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you see what nancy pelosi said, what john boehner has been saying. then you go back to the president's press conference taking a pretty tough decisive tone on susan rice and then you look at what's happening and also his position on the tax increases. take all of that together, it looks like more of the same. do you sense and from your reporting are we just having people circle each other or are their feet in stone? >> i think there's still some areas where people can get to the right place. the two things i keep thinking about is the business community, i think, what steve says is exactly right. it seems like from the outside, what they want more than anything is certainty. it's not just moment to moment. it's minute to minute. it's crisis to crisis. and that is an atmosphere that's not conclusive towards optimal economic activity. this notion of trying to get to long-term stability but not having short-term austerity measures would be too depressed on consumer activity seems like where we need to end up and a lot of pressure from republicans to the
you see what nancy pelosi said, what john boehner has been saying. then you go back to the president's press conference taking a pretty tough decisive tone on susan rice and then you look at what's happening and also his position on the tax increases. take all of that together, it looks like more of the same. do you sense and from your reporting are we just having people circle each other or are their feet in stone? >> i think there's still some areas where people can get to the right...
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Nov 12, 2012
11/12
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FOXNEWS
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so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i think eventually they are going to get a deal, but i think it'll probably be a two-step process where they get some type of down payment on tax reform and then do something larger in the new year with the new congress being sworn in. so, but how do you do that, how do you have one-step process? i think you've got to have the parameters of what you're going to do next year now. boehner does not want a huge deal in the lame duck. he says that the new congress should be in session when you're going to do this, the newly-elected people. so it's goi
so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i...
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Nov 17, 2012
11/12
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. >> is speaker boehner ready to make a deal? >> the president convened a pow wow with leaders. >> the congressional leaders meeting at the white house today. >> begin negotiations about how to avoid that so-called fiscal cliff. >> fiscal cliff. >> this is the beginning of a fruitful process. >> the issue is taxes. >> only one bad word -- taxes. >> raising taxes is a very bad idea. >> raising taxes is a terrible idea. >> to show our seriousness, we put revenue on the table. >> we're prepared to put revenue on the table. >> a deadline. >> being able to work something out. >> there was a spirit of cooperation. >> tomorrow is speaker boehner's birthday. we didn't know how many candles were needed. ♪ best friend ♪ >> interrupting that was the ghost of christmas past. >> you guys are the best. thank you so much. >> mitt, 47%, romney. he is the gift that keeps on giving. >> republicans did not take kindly to mr. romney's words. >> i don't agree with the comments. >> we lost the presidency. it's time to move on. >> general petraeus
. >> is speaker boehner ready to make a deal? >> the president convened a pow wow with leaders. >> the congressional leaders meeting at the white house today. >> begin negotiations about how to avoid that so-called fiscal cliff. >> fiscal cliff. >> this is the beginning of a fruitful process. >> the issue is taxes. >> only one bad word -- taxes. >> raising taxes is a very bad idea. >> raising taxes is a terrible idea. >> to show...
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Nov 13, 2012
11/12
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john boehner wants to find common ground. and even sean hannity is trying to shift to the middle. >> we have to get rid of the immigration issue all together. it's simple. you control the border first. you create a pathway for those that are here. you don't say you have to go home. and that's a position i have evolved on. because you know what, it's got to be resolved. the majority of people here, some have criminal records, you can send them home. but if they are law-abiding, kids are born here, first secure the border, pathway to citizenship, done. whatever little penalties you want to put in there. then it's done. >> pathway to citizenship, done. where was all this talk before the election? you see this is all about getting votes. it's not coming from the heart. reforming immigration policy is a huge risk for the republicans. they could alienate their base. there's no guarantee they will win the latino vote in the long run. let's turn to ruy teixeira. great to have you with us. >> delighted to be here. >> you predicted thi
john boehner wants to find common ground. and even sean hannity is trying to shift to the middle. >> we have to get rid of the immigration issue all together. it's simple. you control the border first. you create a pathway for those that are here. you don't say you have to go home. and that's a position i have evolved on. because you know what, it's got to be resolved. the majority of people here, some have criminal records, you can send them home. but if they are law-abiding, kids are...
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Nov 16, 2012
11/12
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CNBC
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what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these bounces. >> what a significant pop seeing in the stock market, guys. throw up the dow industrials on an intraday. in fact, throw up all three intraday charts because you're going to see quite a dramatic reversal. the dow industrials up 48 points. highs of the day, again, down 50 to 60 points or so as the wraps wrapping up and positive comments of the leaders in the room with the president today. unless you have a rally on wall street and let's get to washington to the north lawn of the white house where john harwood is. this seemed to go as well as one could hope thus far, at least. >> reporter: i thin
what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these...
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Nov 14, 2012
11/12
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CNBC
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the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a commitment to discuss entitlement reform. >> what you did hear from the president is a statement that the american people knew what they were get what they re-elected me. he also said there is a big contrast between me and mitt romney on the campaign trail and i'm the guy who won the election. >> as one of our smart viewers tweeted in which i thought was so smart -- it's all fun and games until you have to name specific entitlements you want to cut. right? we need more specifics from both sides. all right, going to a break here but after the break, steve leisman, stick around. we also have something today called
the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a...
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Nov 12, 2012
11/12
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CNN
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boehner says he's open to that but not by raising the so-called tax rate. he's opened to that by eliminating tax loopholes and exemptions and generating tax revenue by an improved economy if the gdp goes up. people will be making more money, presumably, that's the theory. there's some maneuverability. i suspect the pressure is so great that they will get some kind of a deal. it may not be a permanent deal but maybe enough to kick the ball down the road and study major tax reform over the next year. >> and so the congressional budget office came out with a report last week that seems to give the republicans some political cover here because it suggests that there will be no big harm to the economy if the wealthy 1% are taxed at a higher rate. that said, i would assume -- and you'll have to weigh in here tha, that loopholes are still highly in play. >> you have to add up what all of the math shows and if you -- forget about the middle class. for wealthy people you say you can no longer deduct your home mortgage, your charitable contributions, some of your --
boehner says he's open to that but not by raising the so-called tax rate. he's opened to that by eliminating tax loopholes and exemptions and generating tax revenue by an improved economy if the gdp goes up. people will be making more money, presumably, that's the theory. there's some maneuverability. i suspect the pressure is so great that they will get some kind of a deal. it may not be a permanent deal but maybe enough to kick the ball down the road and study major tax reform over the next...